Domestic and foreign investors have already spent approximately 2.5 billion euros (about 60.8 billion Czech crowns) on offices, warehouses, and shopping centers in the first nine months of this year. This represents a 58 percent increase compared to the previous year. The Czech commercial real estate market is enjoying extraordinary interest from investors in 2025.
Lenka Šindelářová, head of research and advisory at Knight Frank, which closely monitors investment data, said, “The end of the year should confirm the positive investor sentiment that we have observed throughout this year on the Czech commercial real estate market.” According to the firm’s forecasts, sales of commercial properties could reach between 3.5 and 3.75 billion euros (around 90 billion crowns) by the end of the year, which would be the best result since the record years of 2016 and 2017.
Transaction value in the third quarter alone reached the equivalent of 9 billion crowns. The market remains dominated by Czech capital, with domestic investors responsible for 82 percent of the transactions in the third quarter. This is partly due to ongoing sales of assets formerly owned by foreign investors.
The greatest demand is for office buildings, followed by warehouses and industrial spaces. Notable transactions include the purchase of the office complex River Garden II–III by the Czech real estate fund Aurelia and the acquisition of an industrial park near České Budějovice by domestic investment group Accolade.
Šindelářová added, “In the last quarter of this year, we expect several significant transactions to close, both in the shopping center segment and in office complexes and building portfolios.”